Cynthia Lummis

Senator Cynthia Lummis (R-Wyo.) has expressed optimism that the White House is actively supportive of passing major crypto legislation as soon as July. What Happened: In a June 25 interview on CNBC’s Squawk Box, Lummis pointed to the GENIUS Act, a stablecoin-focused bill passed by the Senate...

Pro-cryptocurrency senators are preparing to introduce a landmark legislation this month, aimed at dividing the oversight of digital assets between market regulators. What Happened: Sen. Cynthia Lummis (R-Wyo.) said that the Senate is gearing up to advance its push for crypto-friendly measures,...

Editor’s Note: A typographical error in the headline has been corrected. Senator Cynthia Lummis (R-Wyo.) stated Tuesday that even the U.S. military sees the strategic value of having a national Bitcoin (CRYPTO: BTC) reserve. What Happened: During an interview with Bloomberg, Lummis...

President Donald Trump endorsed Senator Cynthia Lummis (R-Wyo.) in her reelection bid on Wednesday, praising her efforts to position the U.S. as the global hub for cryptocurrency. What Happened: Trump took to his Truth Social account to express his support for Lummis, known for her strong...

Renowned economist Peter Schiff expressed doubts on Saturday that China would engage in a Bitcoin (CRYPTO: BTC) buying competition with the U.S., a view previously espoused by Senator Cynthia Lummis (R-WY). What Happened: Schiff took to X, questioning the narrative of a...

A top White House representative informed crypto leaders this week that the Trump administration is eager to increase its Bitcoin reserves as part of a broader financial strategy. Bo Hines, the Presidential Working Group on Digital Assets lead, shared with attendees of a confidential meeting hosted...

Senator Cynthia Lummis (R-WY) suggested adding Bitcoin (CRYPTO: BTC) to the U.S. reserves on Sunday, highlighting the transparency and accessibility of the blockchain network What Happened: Lummis posted her proposal in response to concerns shared by Elon Musk, the lead of the Department...

Senator Cynthia Lummis (R-WY), known as the "Crypto Senator," has been named Chair of the Senate Banking Subcommittee on Digital Assets. What Happened: This appointment signals a renewed push by the United States to establish clear regulatory frameworks for digital assets while advancing...

A new chapter in the ongoing saga of digital assets is about to unfold on Capitol Hill. What Happened: The announcement that the Senate Banking Committee will create its first-ever subcommittee dedicated to cryptocurrency and blockchain technology signifies far more than just another committee...

Senator Cynthia Lummis (R-Wyo.) has introduced a proposal that would grant the Federal Reserve the authority to own Bitcoin (CRYPTO: BTC). What Happened: According to Lummis, this strategic initiative aims to create a “Strategic Bitcoin Reserve,” where the U.S. government would purchase...

Bitcoin (CRYPTO: BTC), some sixteen years after its inception as a lesser-known decentralized digital money, is now worth over $100,000. Yes, you heard it right! What happened: The world's largest digital asset breached the historic frontier, Wednesday night, after tantalizing the cryptocurrency...

The expectations of a U.S. strategic Bitcoin (CRYPTO: BTC) reserve have skyrocketed following Donald Trump's presidential victory, with the cryptocurrency sector firmly behind the ambitious idea. Trump called for a strategic national Bitcoin stockpile at a conference earlier this year, while also...

Renowned economist Peter Schiff, on Monday, questioned the government’s plans to set up a strategic Bitcoin (CRYPTO: BTC) reserve, pointing out the lack of support in Congress. What Happened: Schiff took to X to comment on the proposed legislation for a national Bitcoin stockpile. He noted...

Wyoming Republican Senator Cynthia Lummis (R-Wyo.) on Thursday proposed converting Federal Reserve-held gold certificates into Bitcoin to establish a 20-year strategic Bitcoin (CRYPTO: BTC) reserve. In an interview with CNBC, Lummis outlined how this initiative could bolster the US economy, reduce...

Sen. Cynthia Lummis (R-Wyo.) expressed optimism that certain aspects of the proposed strategic Bitcoin (CRYPTO: BTC) reserve could begin to take shape following President-elect Donald Trump's inauguration ceremony. What happened: During an interaction on X spaces hosted by asset manager VanEck on...